--- title: "MDS Property Management Software Pricing, Alternatives & More 2026 | Capterra" description: "With the help of Capterra, learn about MDS Property Management Software - reviews, pricing plans, popular comparisons to other Real Estate Property Management products and more." source_url: "https://www.capterra.com/p/56379/MDS-Explorer/" page_type: "product" language: "en" --- # MDS Property Management Software Review 2026: Features, Reviews, Integrations, Pros & Cons Last updated on September 17, 2026 Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Description](#description)[Use cases](#use-cases)[Alternatives](#alternatives)[FAQs](#faqs)[Features](#features)[Pricing](#pricing)[Support](#support)[Reviews](#reviews) MDS Property Management Software ## What is MDS Property Management Software? Property management solution that helps manage rents, leases, payments, invoices, notice-tracking and more, especially in New York. ## What is MDS Property Management Software used for? [Lease Management](https://www.capterra.com/lease-management-software/)[Property Management](https://www.capterra.com/rental-property-management-software/)[Real Estate Property Management](https://www.capterra.com/real-estate-property-management-software/) Top alternative Featured Overall rating Based on 1 user reviews Reviews sentiment Positive \- Neutral \- Negative \- Starting price $400 Per User, Per Month Free trial not available Free version not included Capterra Shortlist charts the highest-rated and most popular products... Our "Best of" badge program showcases products with the highest ratings... Our "Best of" badge program showcases products with the highest ratings... Do you work for MDS Property Management Software?[Manage this product listing](https://www.g2.com/products/mds-property-management-software/claim_requests/new?auto=true) ## Compare with a popular alternative Capterra selects software alternatives based on relevant features, verified user reviews and user interactions. Placement may be influenced by client status. ### MDS Property Management Software 4.0 (1) VS. [4.7 (726)](https://www.capterra.com/p/146693/PayHOA/reviews/) Starting Price $400 Per User, Per Month Starting Price $54 Other, Per Month Free Trial Free Version Pricing Options Free Trial Free Version Ease Of Use 4.0 (1) Ease Of Use 4.6 (726) Value For Money 0.0 (0) Value For Money 4.7 (600) Customer Service 5.0 (1) Customer Service 4.7 (708) ## MDS Property Management Software alternatives [4.5 (2,234)](https://www.capterra.com/p/47428/Buildium-Property-Management-Software/reviews/) Starting price $62.00 Per User, Per Month Pricing Options Free Trial Free Version User Rating 92% of reviewers rated it above 4 stars [4.4 (485)](https://www.capterra.com/p/159377/Guesty/reviews/) Starting price $23.00 Per User, Per Month Pricing Options Free Trial Free Version User Rating 86% of reviewers rated it above 4 stars [4.6 (444)](https://www.capterra.com/p/20372/Entrata/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 94% of reviewers rated it above 4 stars Highest Rated [4.8 (703)](https://www.capterra.com/p/112769/Self-Storage-Software/reviews/) Starting price $90.00 Per User, Per Month Pricing Options Free Trial Free Version User Rating 98% of reviewers rated it above 4 stars ## FAQs about MDS Property Management Software Overview ### What company size and specific industries is MDS Explorer built for? MDS Explorer is designed for New York-based property management companies handling residential and commercial real estate portfolios. It fits organizations of varying sizes that need a single system to manage properties in both segments, with tools shaped for local property management operations. Features and Usability ### What are the key features of MDS Explorer? MDS Explorer offers accounting and financial management features alongside billing and invoicing, payment processing, and tax management. It includes lease management for commercial, residential, and retail leases, plus rent tracking, late fee calculation, tenant tracking, maintenance management, document management, and portals for owners and tenants. Getting Started and Support ### What training and onboarding options does MDS Explorer offer? MDS Explorer provides in-person training, live online sessions, webinars, and documentation to help teams get started. In-person training and live sessions support guided instruction, webinars deliver group learning sessions, and documentation offers written reference material for self-paced review and setup guidance. Getting Started and Support ### What customer support options does MDS Explorer offer? MDS Explorer provides chat support. ## Features AI summary Based on 1,818 Real Estate Property Management reviews Capterra data shows that buyers of Real Estate Property Management software rank the following features as their top priorities: - **Rent Tracking** (**68%** of reviewers rated this feature as critical) - **Payment Processing** (**64%**) - **Accounting** (**57%**) MDS Explorer supports all three features that reviewers rate most highly: **Rent Tracking**, **Payment Processing**, and **Accounting**. Together, these capabilities help businesses monitor rent collections, handle tenant payments more efficiently, and keep financial records accurate, allowing teams to manage property operations with better control and visibility. Accounting Built-in accounting to manage ledger, accounts payable/receivable, financial reports, etc. Billing & Invoicing Create, manage, and send invoices or bills to customers Commercial Leases For commercial leases Contact Management Manage, organize, and store contact information Document Management Store, manage, and track all electronic documents in a centralized location Financial Management Plan, manage, and track the financial activities of an individual or organization MDS Property Management Software 23 features ### All Features - Accounting: Built-in accounting to manage ledger, accounts payable/receivable, financial reports, etc. - Billing & Invoicing: Create, manage, and send invoices or bills to customers - Commercial Leases: For commercial leases - Contact Management: Manage, organize, and store contact information - Document Management: Store, manage, and track all electronic documents in a centralized location - Financial Management: Plan, manage, and track the financial activities of an individual or organization - Insurance Management: Involves selling of insurance solutions, managing policies, handling claims & assessing risk and coverage - Late Fee Calculation: Allows the calculation of fees for late rent payments - Lease Management: Manage and monitor rental payments, coordinate any tenant alterations, and handle lease amendments - Maintenance Management: Manage, maintain and track the performance of assets and equipment - Owner Portal: Portal for property owners to manage property listings, upload documents, track payments and generate reports - Payment Processing: Accept, record, and reconcile financial transactions - Portfolio Management: Overview of all programs that help compare initiatives, align projects with strategic goals and identify risk - Property Database: Centralized database to track details of properties (including lease, tenant, and owner information) - Property Management: Add, view, and edit details of all properties managed by an agency that are available for sale or rent - Rent Tracking: Tracking previous payments, the next due payment and regularity in monthly rent collection from tenants - Residential Leases: For residential leases - Residential Properties: For residential properties - Retail Leases: For retail leases - Tax Management: Implementation of various strategies to manage tax obligations via planning and maintaining compliance - Tenant Portal: Dedicated portal for tenants to submit their queries or maintenance requests, pay rent & interact with staff - Tenant Tracking: Handle activities like room booking, rent processing, lease agreement management, and client communication - Vacancy Management: Keep track of vacant properties --- Get Advice We can help you find the software with the features you need. ## Pricing Basic $400.00 Per User,Per Month Connect with a Capterra advisor for a free 15-minute consultation Get a personalized software list aligned to your business needs with guidance from our expert advisors. Our team has helped 1 million+ businesses like yours find options that fit their needs. ## Support, customer service and training options Customer Service 5.0 (1) Support - Email/Help Desk - FAQs/Forum - Knowledge Base - Phone Support - 24/7 (Live rep) - Chat Training - In Person - Live Online - Webinars - Documentation - Videos Deployment - Web - Android - iPhone/iPad Typical users - Freelancers - Small businesses - Mid size businesses - Enterprises Customer Service 5.0 (1) 5.0 Based on 1 reviews ## User reviews Overall rating 4.0 Based on 1 reviews Filter by rating 5(0) 4(1) 3(0) 2(0) 1(0) Mentioned topic Sorted by most recent AB Anne B. CFO ### "Property Management Software for Rent Stabilized Units" 4.0 Overall Rating 4.0 4.0 Ease of Use 4.0 4.0 Features 0.0 0.0 Customer Service 5.0 5.0 Likelihood to Recommend 0/10 April 21, 2011 Would defenitely reccomend. Their staff is very easy to work with and is eager to help. Pros Great for handling my rent stabilized portfolio. I also used it for thrid party mangagment of cooperative units and it makes maintenance increases and assesments very easy. Cons Not the most expensive product out there, but not cheap either. I guess you get what you pay for though... Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. ## Top-rated software of 2026 ### Fill out the form and we'll send a list of the top-rated software based on real user reviews directly to your inbox.